FICCI Multiplex Association of India v. United Producers/Distributors Forum & Ors. (Case No. 01 of 2009)
Facts The case FICCI Multiplex Association of India v. United Producers/Distributors Forum & Ors. (Case No. 01 of 2009) was decided by the Competition Commission of India (CCI) on May 25, 2011. The FICCI Multiplex Association of India, representing multiplex … Read more
Jurisdictional Issues Relating to Central Bank Digital Currencies
I. Introduction Central Bank Digital Currencies (CBDCs) represent a digital form of central bank money, distinct from the digital balances held by commercial banks with central bank 1. While individuals and businesses have long utilized digital forms of money, a … Read more
Money Laundering in Virtual Digital Assets: A Comprehensive Analysis of Methods, Challenges and Regulatory Responses
1. Introduction: Setting the Stage for Money Laundering in the Virtual Asset Ecosystem Virtual digital assets, encompassing cryptocurrencies, digital currencies, and other forms of virtual value, have permeated the global financial landscape with increasing momentum. These innovative technologies offer numerous … Read more
Sovereignty & Customary International Law
The debate over how customary international law (CIL) applies to ‘holdout’ states is both intricate and deeply thought-provoking. A ‘holdout’ state is essentially one that refuses to follow a customary international rule, even when most other nations accept and practice … Read more
Salomon v Salomon & Co. Ltd (1897) Introduction:The Salomon v Salomon & Co. Ltd (1897) case is a cornerstone of modern corporate law, marking a turning point in how companies are viewed legally. It established that a company, once incorporated, … Read more
Law of Depository Receipts in India
Section 2(48) of Companies Act, 2013- Indian Depository Receipt “Indian Depository Receipt” means any instrument in the form of a depositary receipt created by a domestic depository in India and authorized by a company incorporated outside India making an issue … Read more
Foreign Exchange Management Act, 1999, Some Selected Questions
Sec. 6 – Capital account transactions. —(1) Subject to the provisions of sub-section (2), any person maysell or draw foreign exchange to or from an authorised person for a capital account transaction.(2) The Reserve Bank may, in consultation with the … Read more
History of Corporate Governance
16th and 17th centuries: The history of corporate governance begins with the formation of major chartered companies like the East India Company, the Hudson’s Bay Company, and the Levant Company, which created conflicts between investors and managers. Mid-1970s: The federal … Read more
Recent Updates in Cryptocurrency & Digital Assets –
Introduction: Cryptocurrency and digital assets have emerged as transformative forces in the global financial landscape, disrupting traditional systems and creating new avenues for investment and innovation. This essay explores the multifaceted legal aspects surrounding cryptocurrencies and digital assets, delving into … Read more
One Person Company
The One Person Company (OPC) concept was introduced under the Companies Act of 2013. An OPC is essentially a business established and managed by a single individual, as indicated by its name. It enjoys all the attributes of a traditional … Read more